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Contributions to victims of the recent earthquakes in Chile or Haiti must be made by April 15, 2010, in order to claim those contributions as charitable deductions on 2009 income tax returns.

In a recently released technical advice memorandum, the IRS ruled that reliance on counsel must be reasonable in order to seek abatement of excise taxes resulting from an excess benefit transaction.

In Jan. 12, 2009, Steven Miller, Commissioner for the IRS Tax-Exempt and Government Entities division, in a presentation before the Office of the Attorney General of Texas, provided insight into the upcoming final report by the IRS on its nonprofit hospital study.

Plans that do not already contain loan and/or hardship provisions can also make loans or hardship distributions without formally amending the plan, provided that the plan is amended to provide for those loans or hardship distributions by the end of its plan year beginning in 2013.

For institutional non-profits such as colleges and universities, tax filing season means the filing of the Form 990, a required informational tax return of the IRS.

Let’s face it, finding good help is hard these days. This is especially true for tax-exempt employers.

Additional organizations may join the roster of tax-exempt organizations, according to Ruth M. Madrigal, attorney-advisor in the office of Tax Policy at Treasury.

YoungShip International is a professional non-profit organization whose core purposes are to provide a competent, network-enhancing arena for its members.

Pryor Cashman filed an amicus brief in the U.S. Court of Appeals for the Second Circuit, weighing in on the issue of limiting standing to sue by foreign beneficiaries of U.S. charities.

The war in Ukraine has led to Europe's worst refugee crisis since World War II; more than 3 1/2 million civilians have already been displaced, and some observers expect the number to reach five million as the war continues to unfold.

Your organization has just received its first federal grant award and everyone is thrilled.

The IRS is concerned about process, policing and transparency in reviewing compliance with the rules under section 501(r), according to IRS Commissioner of Tax Exempt and Governmental Entities Sarah Hall Ingram, who discussed exempt hospital requirements during a recent VHA Inc.-hosted panel.

In an effort to provide more useful information to donors, grantors, creditors and other users of the financial statements, the Financial Accounting Standards Board (FASB) released ASU 2016-14...

On July 6th, New York State Attorney General Letitia James followed California State Attorney General Xavier Becerra in calling on the Black Lives Matter Foundation to cease fundraising activities.

We recently hosted a discussion about the Supreme Court's recent decisions eliminating the consideration of race in college admissions, what this means...

The United States Treasury and Small Business Administration (SBA) issued guidance late in the day on March 31, 2020 updating and clarifying certain portions of the...

Tax- exempt organizations have suffered uniquely during the pandemic. Museums and other arts and cultural institutions have been shuttered, and donations to organizations not focused on...